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Mercator Minerals Ltd MLKKF

Mercator Minerals, Ltd. is a mineral resource company engaged in the mining, exploration, development and operation of its mineral properties in Arizona, United States and Sonora, Mexico. The Company’s principal assets are the 100% owned Mineral Park Mine, a producing copper-moly mine located near Kingman, Arizona and the El Pilar Project located in Sonora Mexico. The primary focus of the Company is the expansion of copper production and molybdenum concentrate production at the Mineral Park Mine, and the development of the El Pilar Project. Its other projects include The El Creston molybdenum property, which is 175 kilometers south of the United States Border and 145 kilometers northeast of the city of Hermosillo; Molybrook, which is located on the south coast of Newfoundland, and Ajax, which is located 13 kilometers north of Alice Arm, British Columbia.


GREY:MLKKF - Post by User

Bullboard Posts
Post by Myrtlesmanon Apr 06, 2010 9:32pm
474 Views
Post# 16963274

stinks outta the boat!!

stinks outta the boat!!Thank god we ended up from the daily bottom today.  As a fisherman friend of mine put it once we had some luck, 'the stink's out of the boat'.  ML is way oversold; a bit behind in their scheduled upgrades, but this will likely come through in the next quarter.  People want to get rich yesterday without any work involved and the herd mentality is really scary; nearly made me consider selling today until this decent close.  TD, although they downgraded the price target today, maintains a BUY rating, as do seven other analysts, with an average target of $3.81USD; a long way from where we are now.  Don't be a lemming and follow the herd off the cliff, hang in there. 
Bullboard Posts